Kinetik Holdings Inc. 8-K

What Happened

• Kinetik Holdings Inc. announced that on June 23, 2026 its Board appointed Craig Harris as a director, effective immediately. The Board increased its size from ten to eleven directors to accommodate the appointment. Harris will serve as a non-employee, non‑affiliate director and will receive the company’s standard cash and equity compensation for non-employee directors, prorated through the Company’s 2027 Annual Meeting of Stockholders. A company press release dated June 24, 2026 is furnished as Exhibit 99.1.

Key Details

• Appointment date: June 23, 2026; press release dated June 24, 2026 (Exhibit 99.1).
• Board size change: increased from 10 to 11 directors, effective immediately.
• Compensation: standard non-employee director cash and equity pay, prorated until the 2027 Annual Meeting.
• Governance/agreements: Harris is not party to any selection arrangements, has no reportable related‑party interest under Item 404(a), and will enter the Company’s standard indemnification agreement for directors/officers (as previously filed).

Why It Matters

• This filing documents a governance change (new independent director and larger board), which investors should note for oversight and committee composition purposes. The company reports no related‑party transactions tied to the appointment and confirms standard director protections (indemnification). The press release (Exhibit 99.1) provides the company’s public announcement of the appointment.